Variable Universal Life Insurance Policies

question 4

Multiple Choice

Variable universal life insurance policies

• A)have fixed premiums and a fixed benefit payout.
• B)have fixed premiums, but allow the benefit payout to vary with investment returns.
• C)have a fixed benefit payout, but allow the premium to vary with investment returns.
• D)allow both the premium and benefit payout to vary with investment returns.
• E)allow both the premium and benefit payout to vary with investment returns, but have a fixed maturity date.

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Definitions:

Resisting Forces

Forces that oppose motion or movement, including friction, air resistance, and tension, which work against the direction of motion.

Plate Tectonics

A theory in which the lithosphere is divided into a number of mostly rigid plates that move relative to one another, causing tectonic activity along these boundaries.

Tectonic Plate

A massive, irregularly shaped slab of solid rock, part of the Earth's lithosphere, which moves and interacts with other plates in a process that shapes the Earth's surface.

Centimeters

A unit of length in the metric system equal to one hundredth of a meter.